Deneen and Creative Destruction

Among many other bizarre claims in his most recent article at The American Conservative, Patrick Deneen writes, Today’s conservatives are liberals — they favor an economy that wreaks “creative destruction,” especially on the mass of “non-winners,” increasingly controlled by a few powerful actors who secure special benefits for themselves and their heirs…. Continue Reading...

Audio: Samuel Gregg Discusses the Government Shutdown

On Friday afternoon, Saumel Gregg, Acton Institute Director of Research, joined host Al Kresta on Kresta in the Afternoon to discuss the ongoing government shutdown from a Catholic perspective. In the course of his introduction, Kresta referred to Gregg’s latest book, Tea Party Catholic, as “the single best work to help us get into a Catholic understanding of our social responsibilities.” Continue Reading...

Greece’s ‘Golden Dawn’ Thrives as Economy Tanks

From the Financial Times: Greece’s neo-Nazi Golden Dawn party has penetrated the country’s police force, set up caches of heavy weapons in remote locations and trained its recruits to carry out brutal attacks against immigrants and political opponents, according to the country’s top security official. Continue Reading...

A Failure to Save

This first appeared in my newsletter, Economic Prospect, in late 2008. Looking back after five years I still like it. The American failure to save is matched by our insistence on spending to have it all. Continue Reading...